Pandora (P -5%) is adding to the giant losses it saw on Friday on a report Apple is working on a rival service The decline comes even though Pandora released decent August audience metrics this morning.U.S. radio listening share was 6.30%, up from 6.13% in July and 3.67% in August '11. Active listeners +2.4% M/M and +48% Y/Y to 56.2M. Listener hours +3.6% M/M and +70% Y/Y to 1.16B (the numbers suggest hours/user are growing).
More Stocks News
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com
